Physical metals trader Traxys signs $1.3bn syndicated revolving credit facility with 26 lenders

Traxys Sarl, a leading global physical trader and merchant in metals and natural resources, is pleased to announce the successful signing on 4th May 2021 of its flagship multicurrency syndicated revolving credit facility in the amount of USD 1.330 billion (“facility”) with a group of 26 Lenders, including 2 new banks with a strategically important… Continue reading Physical metals trader Traxys signs $1.3bn syndicated revolving credit facility with 26 lenders

Trade digitalization milestones: a series of fortunate events

If you blinked and put your feet up this bank holiday weekend, you probably missed out on a few important milestones for digitalizing trade.

VIDEO: Industry Leader Perspective: The Currency and Cross-border Payments (R)evolution

Kenneth Wong, Director, Global Transaction Banking, TD Securities, talks about the changing payments landscape, cross-border payments and digital currencies.

Global economic activity could return to pre-Covid level before end of this year

The global economy is bouncing back in terms of confidence, orders, employment and spending, according to the latest ACCA and IMA Global Economic Conditions Survey (GECS). The survey of 1,000 senior accountants and finance professionals across the world recorded the biggest jump in economic confidence this quarter in the 12 years it has been running.… Continue reading Global economic activity could return to pre-Covid level before end of this year

Interview: Tackling money laundering and fraud in trade finance

We spoke to BACB’s new Money Laundering Reporting Officer on the new risks when combating fraud, and the role new technologies can play in fighting financial crime.

Podcast: Standby Letters of Credit (SBLCs) and their role in International Trade

We take a dive into the world of Letters of Credit (LCs) and Standby Letters of Credit – some of the essential tools in cross-border trade transactions.

Enabling automated processes in credit risk

The most important IT investments of companies, banks, and financial institutions are in collaboration with business partners, digital transformation, big data, and analytics, as well as artificial intelligence and machine learning.

The strongest recession since WWII. What does 2021 have in stock for global trade?

The first half of 2021 should be similar to the year 2020, marked by the strongest global recession since the end of the Second World War.

Post-covid Asia will grow strongly in 2021 but structural problems to pile up

2020 was a terrible year for Asia but for some less than for others. Alicia Herrero Garcia outlines what’s in stock for markets in Asia in 2021

Combining sanctions-related risk data with financial crime screening: Kharon and Accuity announce a partnership

Los Angeles and London – 6 January 2021. Kharon, the research, and data analytics company focused on security threats and other controversies that impact global commerce and finance, and Accuity, the leading global provider of financial crime screening, payment services and Know Your Customer (KYC) solutions, today announced a partnership that aims to allow organizations… Continue reading Combining sanctions-related risk data with financial crime screening: Kharon and Accuity announce a partnership

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